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 Replies: 8 / Views: 1,396 |
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New Member
United States
7 Posts |
Hi everyone. I'm just getting into coin collecting. So far I've picked up some fairly common walkers,buffalos and Lincolns. My question is about future value and the right time to buy the Lincoln cents and Buffalo nickels. Do you vision these going up in value over the next 5 or so years? |
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Pillar of the Community
Canada
726 Posts |
I find here in canada and on the bay,,,,that the summer is the right time to buy (Cheaper)...Winter is when to sell ......I'm just saying...
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Pillar of the Community
United States
5825 Posts |
Going up in value ... YES.
Beating inflation ... NO.
Don't think of coin collecting as an investment.
Think of it as a pleasurable pastime.
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Moderator
 United States
16679 Posts |
Also depends how deep your pockets are and/or intentions are. If you buy high end key dates than yes, you should make a small profit in the future.
If you are collecting the more common, lower grade coins for collecting purposes or just to have fun (which 99% of this hobby should be), than not really.
swcoin.ecrater.com
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New Member
 United States
7 Posts |
Thanks for the quick replies everyone! Its just a hobby and I'm not it to make profit. Just like know some longer term potential value so I look later and crack a smile. In don't have really deep pockets either.
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New Member
United States
35 Posts |
PCGS has some charts showing coin returns over time including one chart devoted to key dates. That chart is actually very impressive as I recall.
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Pillar of the Community
United States
3486 Posts |
persistnt made a good point: In summer, the nice weather and vacations take people away from coins. In winter, people stay home and work on their collections. My most expensive coin was bought during the first week of August, 2005. On ebay no less and NO competition! Just saying ... |
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Bedrock of the Community
Canada
10743 Posts |
 .. To CCF dave79, enjoy your stay with us! You collect what you like and it will be an enjoyable hobby for you, and ask questions on this Forum and someone will be along to answer quickly..  |
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Valued Member
United States
401 Posts |
Go slow, learn to grade and don't just fill holes.
If you decide to go for Buffalos, shop around and make sure you can see all 4 digits. It's a lot easier to eventually sell a coin that you don't have to squint to see the date...
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Replies: 8 / Views: 1,396 |
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Posted 03/25/2014 6:51 pm
